If you have a chance, read through Entrepreneurs Who Launched Companies for Under $150 on WSJ.com. Too many people thinking about startups think it’s impossible without finding money from outsiders, and these three stories are about just the opposite.
- Kael Robinson of Live Worldly LLC sells bracelets to athletes online. She started a couple years ago with $40 and last year grossed $160,000, with $60,000 profits.
- Jeff Swedarsky started Food Tour Corp with $110 in 2007. This year he expects sales to hit $300,000.
- Marc Ringel of Floor Works, in New York, started his flooring company in 2007 with $145. He’s now doing it full time, and paying himself a salary for it.
I think we all know that these kinds of startups are happening all the time everywhere. These stories are a good reminder.
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